Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/44492 
Year of Publication: 
2009
Series/Report no.: 
ETLA Discussion Papers No. 1174
Publisher: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Abstract: 
We study the effect of new product introduction on firm value. Using a unique sample on mobile phone handset introduction by 16 major handset manufacturers over 10 years, we distinguish between imitative product introduction and truly innovative product introduction. We find that while most product introduction is imitative, both types of innovation increase firm value. However, truly innovative innovation is found to increase firm value by more than imitative introductions.
Subjects: 
Product innovation
mobile telephony
firm value
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.